4.6 • 3.1K Ratings
🗓️ 1 March 2022
⏱️ 55 minutes
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0:00.0 | Before we get back to the episode, I want to make sure you know about something that I'm sending out this Saturday. |
0:05.0 | You know, when I was in my 20s, I spent money like a lot of people in their 20s do going out for drinks, eating cheap food, a little bit of traveling, but in my 40s, my spending looks really different. |
0:17.0 | And that's totally normal. Have you ever thought about how your money spending changes from your 20s to your 30s of 40s and beyond? |
0:25.0 | That's what I'm going to talk about this Saturday. |
0:28.0 | Because as you earn more and as your values change, so should your spending. |
0:33.0 | Get on my podcast newsletter at IWT.com slash podcast newsletter so I can share what changed in my spending in my 20s, 30s and 40s. |
0:42.0 | That's this Saturday, October 7th. You can only get this at IWT.com slash podcast newsletter. Now back to the episode. |
0:54.0 | John begins this episode really angry. He's talking over me. He's admitting how resentful he is about having to pay child support. |
1:03.0 | And he goes off on this odd digression about not being a financial burden to his wife. Listen in. |
1:10.0 | That's child support. It's actually a lot of 100 bucks. How do you feel about that? |
1:14.0 | Super fucking resentful. Burns make the decor every second. Let's support each other moving forward in our financial journey. |
1:24.0 | Because I'm not a fucking burden. See there you go with your little anger thing. Oh, yes. Let's support each other. |
1:30.0 | I'm not a fucking burden. I'm not here to be anybody's burden. I'm good. I'm not your money bitch. Like I'm not your money burden. |
1:40.0 | Welcome back to part two of my episode with Lindsay and John here on the I will teach you to be rich podcast. |
1:47.0 | Let me give you a quick refresher on who Lindsay and John are between them. They have five children from previous marriages. |
1:54.0 | They were married together about a year ago. Their income is $150,000. Roughly 90 of that is earned by Lindsay and approximately 60 of that is earned by John. |
2:04.0 | They came to me asking how they could combine their finances. But John has over $125,000 of debt and he is very resentful. |
2:14.0 | He's resentful because he has to pay over 50% of his income to child support payments. |
2:21.0 | Lindsay's not used to having debt. She doesn't know how to work with it. And so they came to me asking what they should do. |
2:29.0 | But you're going to hear it. John talks over me a lot. He spins a lot. And when I ask him what are some possible options. |
2:37.0 | He can't conceive of them. He's still stuck being problem oriented. And what I want to try to do today is move him over to being solution oriented. |
2:47.0 | That's a profound shift. Now we pick up right where Lindsay is asking how can I support you? |
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